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Growing small businesses are seeking new ways to run smarter and more profitable. Many entrepreneurs are taking traditional in-house positions and outsourcing them with great success. Many leverage the power of having an outsourced Chief Financial Officer, or CFO. Working with an…Read more
Decrease in NJ Sales and Use Tax beginning January 1, 2017 After much discussion and political deal-making, on October 14, 2016 Governor Chris Christie officially signed legislation implementing a new tax package to raise money for the Transportation Trust Fund…Read more
As the end of the year approaches, it is a good time to think of tax planning moves that will help lower your tax bill for this year and possibly the next. Factors that compound the planning challenge this year…Read more
If you have not implemented these business tax planning strategies yet, it is not too late to consider them prior to December 31, 2016. 1. Automobile Business Usage Reimbursement – If your company does not own your personal vehicle, document…Read more
CAPE MAY COURT HOUSE, NJ—The Cape May County Chamber of Commerce will hold the next Monthly Business Meeting on Thursday, June 16 in the Sunset Lounge at the Cape May Lewes Ferry and recognize ten members who celebrate 25 years…Read more
For tax years beginning on or after January 1, 2016, corporations must make all payments electronically to the State of New Jersey. This means that the 2016 estimated tax payments (for corporation calendar years beginning 1/1/2016) are now required to…Read more
The math is harsh: The maximum federal penalty for having no health insurance is set to jump to $695. That means the 2016 sign-up season starting Nov. 1st could see penalties become a bigger focus to motivate millions of people…Read more
The Affordable Care Act, aka Obamacare, inserted health insurance into tax season in two ways, affecting nearly all of us. The first is the law’s mandate that almost all U.S. residents get health coverage or pay a penalty. The second is…Read more